Russian Central Bank unsurprised at falling credit rating

Read on the website Vestnik Kavkaza

Deputy President of the Russian Central Bank Xenia Yudayeva called S&P’s lowering of the credit rating of Russia to BB+ unsurprising. Considering the access of companies to markets, the decision will have little effect because few companies gained access to it in the first place, according to Yudayeva, TASS reports.Deputy President of the Russian Central Bank Xenia Yudayeva called S&P’s lowering of the credit rating of Russia to BB+ unsurprising. Considering the access of companies to markets, the decision will have little effect because few companies gained access to it in the first place, according to Yudayeva, TASS reports.